European watchdogs have lately tightened their grip on financial institutions and corporates, especially those that continue to fail in their anti-money laundering obligations.

Recent years have seen quite an large uptick in regulatory fines. In September 2018 alone, ING paid €775m to settle an investigation into lax AML controls and Danish giant – Danske Bank -may even be facing a whopping  €8 billion in fines if found guilty by regulators.

But how do you protect your institution from similarly hefty fines?

In this NoMoneyLaundering.com webinar, join expert speaker –Maud Bökkerink – as she takes us through the major European AML cases of 2018, their main sticking points, and what your institution can do to avoid the same fate.

You will learn:

• Some insight into the recent cases in the E.U., including ABLV, ING, Danske Bank, Pilatus, and Deutsche Bank;
• The main characteristics of these cases and their causes;
• The important roles played by the AML/CFT supervisors; and
• Current actions being taken in the E.U. to enhance the AML/CFT supervisory framework.

Maud Bokkerink
Coordinator
Dutch Central bank, DNB

Maud Bokkerink has broad and long-time experience in anti-money laundering and combating the financing of terrorism (AML/CFT).

For the past 9 years she worked at the Dutch Central bank, DNB, where she was the coordinator for AML/CFT and Sanctions supervision of banks and payment institutions. From 2002 until 2008 she worked for the IMF as an AML/CFT financial sector expert. Before that, she worked in the Dutch Ministry of Finance on AML policy and legislation, the Dutch FIU as a financial analyst and in the National Criminal Investigation Service as a financial investigator on financial fraud and money laundering. She has worked in various regions in the world on AML/CFT technical assistance and FATF mutual evaluations. She currently is an independent AML/CFT and Sanctions advisor for her firm Bokkerink Compliance International. In that capacity, she advises and trains financial and non-financial institutions as well as FIUs and supervisory authorities, both in the Netherlands and internationally.

She also lectures on AML/CFT at international workshops and conferences, and publishes articles on various AML/CFT related topics. Her earlier experience has been in the international financial sector. Maud Bökkerink received a master’s degree in fiscal law and a master’s degree in Japanese from the University of Leiden in the Netherlands.